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January 3, 2019 9:34 PM
The Cabinet has approved the merger of Vijaya Bank and Dena Bank with Bank of Baroda. The move will help create a strong globally competitive bank with economies of scale and enable the realization of wide-ranging synergies, leveraging of networks and low-cost deposits and substantial rise in custo...
January 3, 2019 7:25 PM
Markets regulator Securities and Exchange Board of India (SEBI) has allowed custodial services in the commodity derivatives market. The move is aimed at enabling the participation of institutional investors such as mutual funds and portfolio managers in the commodity derivatives market. SEBI said ...
January 3, 2019 9:05 AM
Reserve Bank has allowed a one-time restructuring of existing debt of up to 25 crore rupees for the companies which have defaulted on payment but the loans given to them have continued to be classified as standard assets. The decision will help the micro, small and medium enterprises (MSMEs) which a...
January 1, 2019 9:31 PM
The seventh tranche of electoral bonds sale began today. It will continue till 10th of this month. The State Bank of India, SBI has been authorised to issue and encash Electoral Bonds through its 29 Authorised Branches. Electoral bonds are being pitched as an alternative to cash donations made to p...
January 1, 2019 1:52 PM
The prices of domestic LPG gas were cut by 5.91 rupees per cylinder yesterday. It is the second straight reduction in a month's time due to tax impact on reduced market rate of the fuel. Now a 14.2-kg subsidised LPG cylinder will cost 494.99 rupees in the national capital from midnight la...
January 1, 2019 9:55 AM
RBI Governor Shaktikanta Das has said, the banking sector is on "course to recovery" as the afflicting non-performing assets recede, but state-run lenders need reforms in governance. The RBI Governor Shaktikanta Das said in his foreword to RBI's half-yearly financial stabi...
January 1, 2019 9:34 AM
The Micro, Small and Medium Enterprises (MSMEs) Ministry has established an export promotion cell to create a sustainable ecosystem for MSMEs. This was stated by the Minister of State (Independent Charge) for MSME Giriraj Singh in a written reply in Lok Sabha yesterday. This cell is expected to he...
December 31, 2018 5:05 PM
Benchmark domestic stocks, Sensex and Nifty on Monday closed almost flat after logging gains in last three sessions. Both indices ended divergently amid positive global cues. The Sensex at the Bombay Stock Exchange fell eight points to end at 36,068 while the Nifty at National Stock Exchange added...
December 31, 2018 9:11 AM
Confederation of Indian Industry (CII) has said that India will witness strong economic growth in 2019, despite external vulnerabilities arising from rising oil prices, the US-China trade war and America's monetary tightening. In its growth outlook for 2019, the industry body said, its opti...
December 30, 2018 2:34 PM
The Reserve Bank of India is exploring the possibility of mobile phone-based solution to help visually-impaired people easily identify the currency notes. Currently, intaglio printing-based identification marks are present in the banknotes of Rs 100 and above for helping the visually challenged. Abo...
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Last Updated: 29th Apr 2026
